FTSE-100 flat as investors await BoE rate decision February 3, 2022 London's premier index has opened flat today as investors await the Bank of England's decision on a rate hike.
CNN President Jeff Zucker resigns after secret colleague relationship February 2, 2022 CNN Worldwide chief Jeff Zucker said that he will be resigning, with immediate effect. Zucker said in a memo, “As part of the investigation into Chris Cuomo’s tenure at CNN, I was asked about a consensual relationship with my closest colleague, someone I have worked with for more than 20 years. I acknowledged the relationship [...]
Rio Tinto: Workplace review reveals bullying, sexual harassment and racism February 1, 2022 Anglo-Australian miner Rio Tinto has published a damning external review of its workplace culture suggesting widespread issues at the company.
Who is Sue Gray and when will her report hit Westminster? January 27, 2022 Westminster continues to be gripped by the coming publication of the Sue Gray report, with speculation that it may now not arrive until next week. Boris Johnson’s political career could be riding on the results of the report, with even some of his allies on the Tory backbenches ready to turn against him if the [...]
Law firms investigate Activision deal over claims board sold for cheap to avoid sexual harassment lawsuits January 23, 2022 Seven different law firms have launched investigations into Activision Blizzard’s decision to sell itself to Microsoft, over claims Activision’s board decided to sell up in a bid to get away from the sexual discrimination lawsuits facing company. In a statement announcing its investigation, San Diego law firm Johnson Fistel said: “It appears that the Activision [...]
Ex-Deloitte manager claims Deloitte defrauded VW and ignored #MeToo allegations January 19, 2022 A former manager at Deloitte has accused the firm of defrauding Volkswagen and failing to investigate allegations of sexual harassment in its Stuttgart office. The former manager, who is currently suing Deloitte for unfair dismissal, told a Stuttgart labour court that Deloitte overcharged Volkswagen, after billing the car manufacturer for more hours than it had [...]
When tech giant becomes gaming giant: Microsoft buys Call of Duty maker Activision Blizzard for a record £51bn January 18, 2022 Microsoft have announced that it would buy videogame publisher Activision Blizzard for $68.7bn (£51bn) in cash, making it the largest deal in the sector.
Risks of bias: Ghislaine Maxwell plans to request new trial after revelations jury member was victim of sexual abuse January 6, 2022 Revelations have come to light that one of the jurors in Ghislaine Maxwell’s trial was a victim of sexual abuse. Therefore the socialite, convicted of conspiring to recruit and groom teenage girls to be abused by Jeffrey Epstein, intends to request a new trial. Two defence lawyers — Jeffrey Pagliuca and Laura Menninger — said [...]
Deloitte faces lawsuit by former employee over harassment claims December 29, 2021 An ex-Deloitte female has sued the Big Four firm over allegations that her former employer did not protect her from harassment perpetrated by a male partner and its investigation into the incident was corrupt, according to reports. In court documents seen by the Financial Times, which first reported the news, Katrina Jones called the behaviour [...]
UK workplace conduct chief fired for sexually harassing as many as 10 women December 26, 2021 After inappropriate behaviour towards as many as 10 women, a senior executive at the UK’s authority on workplace conduct has been fired for sexual harassment. John Woods sent a “barrage” of inappropriate sexual messages to a junior staff member, suggested “sex bets”, and left a pair of knickers on another female colleague’s desk, according to [...]